Hashing and Cryptocurrency Research

For this assignment, you are to write a well-researched, well-edited paper.

3 double-spaced pages long, not including references. 

The topic is as follows:

Digital currencies such as Bitcoin (BTC) are becoming increasingly popular as forms of exchange. Such currencies are known as cryptocurrencies, due to their dependence on cryptographic techniques to make the generation and transfer of funds secure without relying on a centralized bank. Specifically, virtually all cryptocurrencies rely on the existence of secure hash functions, which we have discussed in class, to create a secure medium of exchange. 

Your assignment is to select and research a currently active cryptocurrency, (USE Zcash as the current cryptocurrency) and in your paper describe in detail how secure hashing is used to verify transactions and/or mine new coins for this currency.

• 3 pages
• apa format
• minimum of 5 resources 
• due WED Dec 5, 2018

See attached for further instructions